Why is Neelkanth Rock falling/rising?

As of 24-Oct, Neelkanth Rockminerals Ltd is experiencing a price increase, currently trading at Rs. 19.00, which reflects a rise of 0.56 or 3.04%. The stock has recently hit a new 52-week high of Rs. 19.36, indicating strong upward momentum. It has outperformed its sector by 3.45% today and is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. However, there is a notable decline in investor participation, with delivery volume dropping by 86.52% against the 5-day average, which could signal a potential concern for sustained interest. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Neelkanth Rockminerals Ltd has shown impressive returns compared to the Sensex, with a 1-week return of 12.96% versus the Sensex's 0.31%, and a year-to-date return of 26.25% compared to the Sensex's 7.77%. This significant outperformance suggests that investor sentiment towards Neelkanth Rockminerals Ltd remains strong despite the drop in delivery volume. The stock's performance over the past year, with a return of 37.58%, further emphasizes its resilience and attractiveness relative to the broader market, which has only seen a 5.18% increase.